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Old 19-04-2008, 11:30   #149 (permalink)
rufffen
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Re: rufffen XAU spot gold and majors trades

Figured I should post a 4 hour USD JPY chart, which I think is very important for EUR USD GBP USD and other currencies.

Apparently there is further upside capped with 108-109 area, if we break above 105.80 then 108 is eminent.

Forecasted curve in green is spectral analysis and extracted cycle curve.

This means:

1) DJI can hit 13000 mark
2) USDX stronger
3) EUR USD GBP USD might hit new highs and reverse
4) GBP JPY above 210

But let's also trade this one:

USD JPY break above 105.80 TP 108.40 SL 80
Attached Thumbnails
rufffen-xau-spot-gold-majors-trades-usdjpy4hour.png  
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